NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Advances in Consumption-Based Asset Pricing: Empirical Tests

Sydney C. Ludvigson

NBER Working Paper No. 16810
Issued in February 2011

---- Acknowledgements -----

Forthcoming in Volume 2 of the Handbook of the Economics of Finance, edited by George Constantinides, Milton Harris and Rene Stulz. I am grateful to Timothy Cogley, Martin Lettau, Abraham Lioui, Hanno Lustig, Stephan Nagel, Monika Piazzesi, Stijn Van Nieuwerburgh, Laura Veldkamp, Annette Vissing- Jorgensen, and to the editors for helpful comments, and to Peter Gross and David Kohn for excellent research assistance. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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